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Google’s Parent Alphabet Receives a Fresh Street-High Stock Price Target Over Cloud Business and Ads

Google’s Parent Alphabet Receives a Fresh Street-High Stock Price Target Over Cloud Business and Ads

4 years ago
Anonymous $-riAjkQg_1

https://wccftech.com/googles-parent-alphabet-receives-a-fresh-street-high-stock-price-target-over-cloud-business-and-ads/

Aegis Capital Corp. has raised its share price target for Google’s parent company Alphabet (NASDAQ:GOOGL) by a whopping $375 to a new street-high estimate of $1,800.

Bear in mind that Alphabet’s current stock price is hovering around $1,445.60, as of 10:54 a.m. ET. This, in turn, corresponds to a market capitalization of $1.02 trillion. Should this prognostication by Aegis come to fruition, Alphabet would be looking at a market cap of $1.27 trillion.